Book
Pathways to Industrialization in the Twenty-First Century

New Challenges and Emerging Paradigms

Over the last two centuries, the experiences of the first wave of industrialized countries in Europe and the US, and the more recent experiences of the East Asian Tigers, Indonesia, Malaysia, Thailand, China, India, and Vietnam, have illustrated the transformative nature of industrialization.

There are reasons to believe that industrialization will continue to be one of the major engines of growth, transformation, and socioeconomic development. Industrial development enables a more rapid advancement toward developed country living standards. But many challenges remain, and new challenges have arisen.

These include: integration into global value chains; the shrinking of policy space in the present international order; the rise of the Asian driver economies; new opportunities provided by resource-based industrialization; the accelerating pace of technological change in manufacturing; how to deal with jobless growth in manufacturing; creating adequate systems of financial intermediation; and how to respond to the threats of global warming and climate change.

Under present conditions it may be more difficult than ever for the poorer developing countries to foster industrial development and structural change. They face a more complex, and daunting set of circumstances than the developing countries that embarked on industrialization after 1950. These changing and challenging circumstances require new thinking, and in particular new paradigms to guide researchers, policy makers, and international development organizations in the future.

The book includes chapters on the experiences of Africa, Latin America, China, and Indonesia, as wells as thematic chapters on structural change, jobless growth, the evolution of industrial policy, and the challenges of environmental sustainability and climate change. It provides a timely analysis of the circumstances and challenges facing developing countries in industrialization, and offer fresh ideas for new paradigms to carry forward industrial policy in the future.

Table of contents
  1. Part I: Introduction
    1. Introduction and Overview: The Past, Present, and Future of Industrialization
    Adam Szirmai, Wim Naudé, Ludovico Alcorta
  2. Part II: The Need for and Challenge of Industrialization
    2. Manufacturing and Economic Development
    Adam Szirmai
    More Working Paper | Manufacturing and Economic Development
  3. Part II: The Need for and Challenge of Industrialization
    3. Deindustrialization and Reindustrialization
    Fiona Tregenna
    More Working Paper | Manufacturing Productivity, Deindustrialization, and Reindustrialization
  4. Part II: The Need for and Challenge of Industrialization
    4. Emerging Patterns of Structural Change in Manufacturing
    Nobuya Haraguchi, Gorazd Rezonja
    More Working Paper | Emerging Patterns of Manufacturing Structural Change
  5. Part III: Pathways to Industrial Development: Past, Present, and Future
    5. Learning from Asia's Success: Beyond Simplistic 'Lesson-Making'
    Mike Hobday
    More Working Paper | Learning from Asia’s Success Beyond Simplistic 'Lesson-Making'
  6. Part III: Pathways to Industrial Development: Past, Present, and Future
    6. Rethinking China's Path of Industrialization
    Harry X. Wu
    More Working Paper | Rethinking China’s Path of Industrialization
  7. Part III: Pathways to Industrial Development: Past, Present, and Future
    7. Indonesian Industrialization: A Latecomer Adjusting to Crises
    Haryo Aswicahyono, Hal Hill, Dionisius Narjoko
    More Working Paper | Indonesian Industrialization
  8. Part III: Pathways to Industrial Development: Past, Present, and Future
    8. Industrial Policies in Latin America
    Wilson Peres
    More Working Paper | Industrial Policies in Latin America
  9. Part III: Pathways to Industrial Development: Past, Present, and Future
    9. Should Africa Industrialize?
    John Page
    More Working Paper | Should Africa Industrialize?
  10. Part IV: Climate Change and Sustainability
    10. Climate Change and Industrial Policy
    Wim Naudé
    More Working Paper | Climate Change and Industrial Policy
  11. Part IV: Climate Change and Sustainability
    11. Global Asymmetries and their Implications for Climate and Industrial Policies
    Thomas Gries
    More Working Paper | Climate and Industrial Policy in an Asymmetric World
  12. Part IV: Climate Change and Sustainability
    12. Global Supply Chains in Chinese Industrialization: Impact on Waste Scavenging in Developing Countries
    Martin Medina
    More Working Paper | Global Supply Chains in Chinese Industrialization
  13. Part V: Challenges to Industrial Policy
    13. Can Industrial Policy Work under Neopatrimonial Rule?
    Tilman Altenburg
    More Working Paper | Can Industrial Policy Work under Neopatrimonial Rule?
  14. Part V: Challenges to Industrial Policy
    14. Entrepreneurship, Stages of Development, and Industrialization
    Zoltan J. Ács, Wim Naudé
    More Working Paper | Entrepreneurship, Stages of Development, and Industrialization
  15. Part V: Challenges to Industrial Policy
    15. Industrial Policy in the Twenty-First Century: Challenges for the Future
    John Weiss
    More Working Paper | Industrial Policy in the Twenty-First Century
  16. Part VI: Conclusion
    16. Pathways to Industrialization: Summary and Overview
    Wim Naudé, Adam Szirmai
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